Allows a taxpayer's spouse to claim the special assessment ratio on residential property.

This bill amends the South Carolina Code to allow a taxpayer's spouse to claim the special assessment ratio on residential property. Previously, only the taxpayer or a member of their household, excluding their spouse, could claim this ratio. The change takes effect upon approval by the Governor and applies to property tax years beginning after 2025.

Allows a taxpayer's spouse to claim the special assessment ratio on residential property.

This bill amends the South Carolina Code to allow a taxpayer's spouse to claim the special assessment ratio on residential property. Previously, only the taxpayer or a member of their household, excluding their spouse, could claim this ratio. The change takes effect upon approval by the Governor and applies to property tax years beginning after 2025.